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Iliya Garkov

Iliya Garkov, PhD, Vice President and Managing Director, Bulgaria

Dr. Iliya Garkov leads our Bulgarian operations – Dundee Precious Metals Chelopech and Dundee Precious Metals Krumovgrad.


He has more than 30 years of international mining experience in Bulgaria, Australia and Armenia. He began his career in 1989 in GORUBSO Zlatograd, followed by Elatsite mine in 1992-1994.


He joined the Chelopech Mine as underground shift boss in 1994, and progressed through more senior roles. He was promoted to Mine Superintendent in 2000, Mine Operations Manager in 2008 and to Vice President, Mining in 2011. In his roles as Mine Superintendent and Mine Operations Manager, he made significant contributions to Chelopech becoming a world-class mining operation, including mining method replacement, and raising operational efficiency and safety awareness levels.


Iliya has also contributed significantly to the development of an organization culture that encourages personal and professional development, as well as building strong relationships based on cooperation, trust and mutual respect with a large number of stakeholders.


Iliya took the role of Vice President and General Manager of Dundee Precious Metals Krumovgrad in 2013. His understanding of the social and cultural environment in Krumovgrad solidified important stakeholder relationships and helped accelerate the approval process for multiple project permits. His approach to managing stakeholder expectations made it possible for the Ada tepe mine in Krumovgrad to become the first successful green mine developed over the last 40 years in Bulgaria.


Since 2014, as Vice President and Managing Director for Bulgaria, accountable for both Chelopech and Krumovgrad, Iliya’s main focus has been to maximize operational efficiency by providing the required management support, furthering our safety culture as well as introduce inspiring human capital practices.


Dr. Garkov obtained his Mining Engineering Master's Degree in 1992 from the Mining and Geology University in Sofia, Underground Mining and Geotechnology major, and a Ph.D. from the same university in 2005. In 2006 and 2007, he completed training programs at the British Open University, with a management certificate and diploma. In 2012 he received a Master's Degree in Administration and Management, with a qualification in Organizational Excellence.

Stock Quote: TSE

Price 5.81

Change -0.09

Volume 256,930

% Change -1.44%

Intraday High 5.98

52 Week High 6.66

Intraday Low 5.77

52 Week Low 3.55

Today's Open 5.98

Previous Close 5.89

02/18/2020 11:52 AM ET Pricing delayed 20 minutes
: 1,600.82 ?+19.28

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